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A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.
This is why I like to remind everyone that inflation is a widespread increase in the cost of goods and services. There is no “greedflation” - that’s just inflation, and Republicans have been to blame for inflation all along.